3158

LAWS OF MARYLAND

Ch. 825

which may be recorded among the land records of the county in
which the land is located, and when recorded shall have the same
effect as a release of mortgage].

14-828.

(a)   [To redeem a property, a person shall pay a] IF THE
PROPERTY IS REDEEMED BEFORE THE COLLECTOR RECEIVES NOTICE UNDER §
14-839(C) OF THIS SUBTITLE THAT SUIT TO FORECLOSE HAS BEEN FILED,
THE PERSON REDEEMING SHALL PAY THE collector:

(1)  the total [tax sale price of the property] PRICE
PAID AT THE TAX SALE FOR THE PROPERTY TOGETHER WITH INTEREST;

(2)  any taxes, interest, and penalties paid by any
holder of the certificate of sale; and

(3)  IF THE REDEMPTION IS FROM A TAX SALE MADE TO A
COUNTY OR OTHER TAXING AGENCY, any taxes, interest, and penalties
accruing after the date of the tax sale.

(b)  The rate of interest ON REDEMPTION under subsection (a)
of this section shall be set under § 14-820 of this subtitle
computed from the date of the tax sale to the date of the
redemption payment.

(C) ON RECEIPT OF THE PROPER AMOUNT, THE COLLECTOR SHALL
NOTIFY THE HOLDER OF THE CERTIFICATE OF SALE THAT THE PROPERTY
HAS BEEN REDEEMED AND THAT ON SURRENDER OF THE CERTIFICATE OF
SALE ALL REDEMPTION MONEY EXCLUDING TAXES RECEIVED BY THE
COLLECTOR WILL BE PAID TO THE HOLDER. FOR THE PURPOSES OF THIS
SECTION, THE COLLECTOR IS AUTHORIZED TO CONCLUSIVELY PRESUME THAT
THE ORIGINAL PURCHASER AT THE TAX SALE IS THE HOLDER OF THE
CERTIFICATE OF SALE, UNLESS THE COLLECTOR RECEIVES A WRITTEN
NOTICE OF AN ASSIGNMENT OF THE CERTIFICATE OF SALE THAT GIVES THE
COLLECTOR THE NAME AND ADDRESS OF THE ASSIGNEE. UPON REQUEST, THE
COLLECTOR SHALL EXECUTE AND DELIVER TO THE PERSON REDEEMING THE
PROPERTY A CERTIFICATE OF REDEMPTION WHICH MAY BE RECORDED AMONG
THE LAND RECORDS OF THE COUNTY IN WHICH THE LAND IS LOCATED, AND
WHEN RECORDED SHALL HAVE THE SAME EFFECT AS A RELEASE OF A
MORTGAGE.

14-829.

If the property is redeemed after an action to foreclose the
right of redemption is instituted, the person redeeming [shall]
MAY apply to the court before which the action is pending to fix
the amount necessary for redemption in accordance with the
provisions of this subtitle. The collector shall accept no money
for redemption unless and until a certified copy of the order of
court fixing the amount necessary for such redemption is filed
with the collector.

14-830.